GSA - Veterans Affairs

551 National Health Care Dr. | Daytona Beach, FL 32114

Download Offering Memorandum

Stan Johnson Company is pleased to offer for sale to qualified investors an attractive medical office building located in Daytona Beach, Florida.

The property is 100% leased to the Department of Veterans Affairs and guaranteed by the General Services Administration (GSA) under an initial 15-year lease.

The property is located approximately 0.5 miles from the Halifax Hospital Medical Center, Daytona International Speedway, the Daytona International Airport and a dense retail market.

Highlights

Strong Credit Tenant. Lease is guaranteed by United States of America, General Services Administration (GSA). GSA is one of the three central management agencies in the Federal Government.
The property serves as a VA Outpatient Clinic. The Department of Veterans Affairs (VA) is the Government’s second-largest department and employs nearly 270,000 people at hundreds of VA facilities across the country.
Veterans in California, Florida and Texas comprise almost 24% of the total Veterans in the United States
Total Net Operating Income: $811,456
No early termination clauses in the lease
Newly constructed MRI building on site
Great medical location with highly-anticipated lease renewal
Excellent traffic counts of 46,000 VPD on Highway 92
Located 0.5 miles from the Halifax Hospital Medical Center